First Financial Corporation is a financial holding company. The Company, through its subsidiaries, offers financial services, including commercial, mortgage and consumer lending, lease financing, trust account services, depositor services and insurance services.

Company profile
Ticker
THFF
Exchange
Website
CEO
Norman L. Lowery
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
351546989
THFF stock data
News
Raymond James Maintains Outperform on First Financial, Raises Price Target to $50
2 May 22
First Financial: Q1 Earnings Insights
26 Apr 22
First Financial Q1 EPS $1.67 Up From $0.95 YoY
26 Apr 22
First Financial Corporation Announces Stock Repurchase Plan Of Up To 10% Of Co's Outstanding Stock
21 Apr 22
Benzinga's Top Ratings Upgrades, Downgrades For April 12, 2022
12 Apr 22
Analyst ratings and price targets
Investment data
Top 50 of 308 long holdings End of quarter 31 Mar 22 |
Value |
#Shares |
Prev Q |
Change %, QoQ |
---|---|---|---|---|
$31.13M | 719.51K | 741.65K | -3.0 | |
$26.12M | 132.45K | 115.26K | +14.9 | |
$18.82M | 54.42K | 42.07K | +29.4 | |
$5.86M | 33.57K | 33.58K | -0.0 | |
$5.43M | 17.62K | 17.7K | -0.5 | |
$3.37M | 21.35K | 17.37K | +22.9 | |
$2.4M | 15.72K | 16.22K | -3.1 | |
$2.15M | 18.14K | 17.79K | +1.9 | |
$1.94M | 6.76K | 6.63K | +1.9 | |
$1.69M | 20.48K | 20.56K | -0.4 | |
$1.64M | 10.13K | 10.26K | -1.3 | |
$1.42M | 10.4K | 9.78K | +6.4 | |
$1.39M | 3.15K | 2.87K | +9.8 | |
BP P.L.C.
|
$1.39M | 47.2K | 47.88K | -1.4 |
$1.37M | 2.33K | 2.27K | +2.4 | |
$1.36M | 9.75K | 9.75K | 0 | |
$1.32M | 5.96K | 5.39K | +10.6 | |
$1.3M | 9.68K | 8.82K | +9.7 | |
$1.29M | 396 | 397 | -0.3 | |
$1.22M | 4.47K | 4.91K | -9.0 | |
$1.2M | 6.17K | 5.58K | +10.7 | |
$1.2M | 3.31K | 3.41K | -2.8 | |
$1.19M | 428 | 433 | -1.2 | |
$1.17M | 1.87K | 1.77K | +5.5 | |
$1.16M | 12.72K | 11.21K | +13.5 | |
$1.15M | 3.84K | 3.73K | +2.9 | |
$1.14M | 24.37K | 21.62K | +12.7 | |
Vanguard Ftse Developed Markets Etf
|
$1.05M | 21.78K | 5.19K | +320.0 |
$1M | 4.51K | 3.82K | +18.1 | |
$987K | 11.71K | 11.93K | -1.9 | |
$984K | 15.68K | 16.41K | -4.4 | |
$957K | 15.44K | 15.52K | -0.5 | |
$941K | 3.81K | 3.86K | -1.3 | |
$871K | 2.73K | 2.54K | +7.3 | |
$858K | 7.68K | 7.3K | +5.1 | |
$852K | 10.4K | 10.3K | +1.0 | |
$842K | 4.4K | 3.9K | +12.9 | |
$835K | 11.44K | 11.54K | -0.9 | |
$825K | 3.02K | 3.02K | 0 | |
$791K | 15.28K | 15.31K | -0.2 | |
$780K | 15.74K | 15.84K | -0.6 | |
$740K | 8.73K | 9.29K | -6.0 | |
$715K | 32.52K | 27.27K | +19.3 | |
$713K | 4.02K | 4.13K | -2.5 | |
$692K | 4.13K | 4.15K | -0.5 | |
$690K | 4.98K | 9.51K | -47.7 | |
$688K | 1.98K | 1.98K | 0 | |
$670K | 8.21K | 8.27K | -0.7 | |
$597K | 5.17K | 3.46K | +49.4 | |
$597K | 7.57K | 7.9K | -4.2 |
Holdings list only includes long positions.
Only includes long positions.
Calendar
4 May 22
20 May 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 598.18M | 598.18M | 598.18M | 598.18M | 598.18M | 598.18M |
Cash burn (monthly) | 28.21M | 5.72M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 46.79M | 9.49M | n/a | n/a | n/a | n/a |
Cash remaining | 551.39M | 588.68M | n/a | n/a | n/a | n/a |
Runway (months of cash) | 19.5 | 102.9 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 May 22 | Susan M Jensen | First Financial Corp Stock | Buy | Acquire P | No | No | 44.01 | 40 | 1.76K | 560 |
4 Apr 22 | Susan M Jensen | First Financial Corp Stock | Buy | Acquire P | No | No | 42.72 | 40 | 1.71K | 520 |
15 Feb 22 | Michael A Carty | First Financial Corp Stock | Buy | Acquire P | No | No | 46.16 | 135 | 6.23K | 273 |
8 Feb 22 | Lowery Norman L | First Financial Corp Stock | Grant | Acquire A | No | No | 0 | 10,062 | 0 | 116,919 |
Institutional ownership, Q1 2022
71.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 139 |
Opened positions | 16 |
Closed positions | 14 |
Increased positions | 52 |
Reduced positions | 43 |
13F shares | Current |
---|---|
Total value | 474.06M |
Total shares | 8.95M |
Total puts | 13.4K |
Total calls | 1.8K |
Total put/call ratio | 7.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 1.33M | $57.63M |
THFF First Financial Corp. - Indiana | 719.51K | $31.13M |
Vanguard | 672.34K | $29.1M |
Dimensional Fund Advisors | 597.02K | $25.84M |
STT State Street | 524.2K | $22.69M |
Fuller & Thaler Asset Management | 330.66K | $14.31M |
AMP Ameriprise Financial | 329.48K | $14.26M |
Stadium Capital Management | 284.6K | $12.32M |
rhino investment partners | 245.7K | $10.63M |
NTRS Northern Trust | 232.62K | $10.07M |
Financial report summary
?Management Discussion
- Net income for 2021 was $53.0 million, or $4.02 per share versus $53.8 million, or $3.93 per share for 2020. The decrease in 2021 net income is due to increased expenses from the Hancock acquisition, as well as declining interest rates. Return on average assets at December 31, 2021 decreased 12.00% to 1.10% compared to 1.25% at December 31, 2020.
- The primary components of income and expense affecting net income are discussed in the following analysis.
- The principal source of the Corporation's earnings is net interest income, which represents the difference between interest earned on loans and investments and the interest cost associated with deposits and other sources of funding. Net interest income decreased in 2021 to $143.4 million compared to $146.3 million in 2020. Total average interest earning assets increased to $4.61 billion in 2021 from $3.71 billion in 2020. The tax-equivalent yield on these assets decreased to 3.39% in 2021 from 4.43% in 2020. Total average interest-bearing liabilities increased to $3.43 billion in 2021 from $2.98 billion in 2020. The average cost of these interest-bearing liabilities decreased to 0.26% in 2021 from 0.47% in 2020.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Bad
|
New words:
acquired, acquisition, arising, chain, deductible, evidence, factor, February, forma, indexed, inflation, Lastly, longer, necessarily, November, persist, pro, qualitative, recalibration, reopening, scorecard, settlement, SOFR, supply, unemployment
Removed:
aggressive, allocation, analyze, application, behavior, country, declaration, degree, depend, Dollar, dropped, exceed, foreign, franchise, GAAP, gas, globally, government, governmental, hand, implement, implementation, incurred, intraperiod, job, oil, ownership, partially, permitted, President, remove, serve, shuttering, Simplifying, step, volatility
Financial reports
Current reports
8-K
First Financial Corporation Declares Semi-Annual Dividend
18 May 22
8-K
2022 Q1
First Financial Corporation Reports First Quarter Results
26 Apr 22
8-K
2022 Q2
First Financial Corporation Announces Stock Repurchase Plan
21 Apr 22
8-K
2022 Q1
Submission of Matters to a Vote of Security Holders
21 Apr 22
8-K
Departure of Directors or Certain Officers
8 Mar 22
8-K
2021 FY
First Financial Corporation Reports 2021 Results
1 Feb 22
8-K
Departure of Directors or Certain Officers
22 Nov 21
8-K
Departure of Directors or Certain Officers
18 Nov 21
8-K
First Financial Corporation Declares Semi-Annual Dividend
17 Nov 21
8-K
Other Events
15 Nov 21
Registration and prospectus
425
Business combination disclosure
19 Jun 19
425
Business combination disclosure
17 Jun 19
424B3
Prospectus supplement
17 Jun 19
425
Business combination disclosure
9 Jan 19
425
Business combination disclosure
7 Jan 19
S-8
Registration of securities for employees
20 Dec 12
S-4/A
Registration of securities issued in business combination transactions (amended)
10 Jun 96
S-4
Registration of securities issued in business combination transactions
7 May 96
Other
EFFECT
Notice of effectiveness
12 Jun 19
CORRESP
Correspondence with SEC
9 Jun 19
UPLOAD
Letter from SEC
24 Apr 19
UPLOAD
Letter from SEC
5 Feb 17
CORRESP
Correspondence with SEC
14 Aug 16
UPLOAD
Letter from SEC
8 Aug 16
UPLOAD
Letter from SEC
14 Dec 14
CORRESP
Correspondence with SEC
9 Dec 14
CORRESP
Correspondence with SEC
8 Dec 14
UPLOAD
Letter from SEC
20 Nov 14
Ownership
4
FIRST FINANCIAL / Susan M Jensen ownership change
11 May 22
13F-HR
Quarterly holdings report by institutional manager
14 Apr 22
4
FIRST FINANCIAL / Susan M Jensen ownership change
6 Apr 22
3
FIRST FINANCIAL / Mark Allen Franklin ownership change
18 Mar 22
4
FIRST FINANCIAL / MICHAEL A CARTY ownership change
15 Feb 22
SC 13G/A
FIRST FINANCIAL / VANGUARD ownership change
10 Feb 22
SC 13G/A
FIRST FINANCIAL / BlackRock ownership change
9 Feb 22
4
FIRST FINANCIAL / Steven Harold Holliday ownership change
9 Feb 22
4
FIRST FINANCIAL / Norman D Lowery ownership change
9 Feb 22
4
FIRST FINANCIAL / Rodger Allen McHargue ownership change
9 Feb 22
Reddit threads
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
Daily Discussion Thread - February 1st, 2022
1 Feb 22
Daily Discussion Thread - January 31st, 2022
31 Jan 22
Daily Discussion Thread - January 6th, 2022
6 Jan 22
Daily Discussion Thread - January 5th, 2022
5 Jan 22
Daily Discussion Thread - January 4th, 2022
4 Jan 22
Daily Discussion Thread - January 3rd, 2022
3 Jan 22
Daily Discussion Thread - October 27th, 2021
27 Oct 21
Daily Discussion Thread - October 26th, 2021
26 Oct 21